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Ahmedabad

Gujarat govt extends deadline, decreases impact fee

Gujarat govt extends deadline, decreases impact fee
Ahmedabad- Along with cutting off impact fee, the Gujarat’s Urban Development Department has also extended its deadline by another month. February 19 was the last date for filing applications. The state government has offered a last chance to those who have not yet filed their impact fee applications for regularization of unauthorised constructions, under the [...] Continue Reading »

Gujarat High Court sells plot in Gandhinagar for 2.17 crore

Gujarat High Court sells plot in Gandhinagar for 2.17 crore
Gandhinagar- A plot in Gandhinagar’s prime commercial area, which was a property of Calico has been sold at Rs 2.17 crore. Four years ago, the same plot, having a total area of 131.25 square metre, was valued to be worth nearly Rs 50 lakh. But surprisingly it has now fetched Rs 2.17 crore, signifying a [...] Continue Reading »

Development Plan sees higher FSI and design policy

Development Plan sees higher FSI and design policy
Ahmedabad- Apart from Ahmedabad, other major cities have also given nod for higher FSI levels and changed design plans by the state urban development department (UDD). With affordable housing and transit oriented housing playing a key role  in solving the housing issues, there has been a large scale redevelopment in major dilapidated areas in the city of Ahmadabad. With [...] Continue Reading »

Real estate in Ahmedabad gets boost by infra development

Real estate in Ahmedabad gets boost by infra development
Ahmedabad – The Ahmedabad city is undergoing a major transformation which include infrastructure development, new residential projects etc. In whole, the real estate market of Ahmedabad has gained stability and is now ready to see more growth in near future. Many commercial and residential projects in Ahmedabad are likely to grow with their execution. According [...] Continue Reading »

Property tax rebate scheme extended in Ahmedabad

Property tax rebate scheme extended in Ahmedabad
Ahmedabad – The Ahmedabad Municipal Corporation (AMC) has extended the time period of rebate scheme of paying property tax till February 21, 2013. Every year AMC launches this scheme during the end of financial year to recover the property tax. Last year this scheme was extended till March 31, 2011. This announcement will relieve those [...] Continue Reading »

AUDA hurries up to finalise more draft TP schemes

AUDA hurries up to finalise more draft TP schemes
Ahmedabad- The Ahmedabad Urban Development Authority (Auda) is planning to work faster in finalising draft town planning (TP) schemes for the city suburbs as the demand for properties continue to increase in the outskirts of the city. The Authority is planning to submit eight town planning schemes in the suburbs in the current calendar year. [...] Continue Reading »

AMC likely to double property tax for residential properties

AMC likely to double property tax for residential properties
Ahmedabad- The Ahmedabad Municipal Corporation (AMC) has proposed a 100 percent hike in tax for residential properties and 45 percent for non-residential properties. The annual property tax for residential buildings is likely to be raised from Rs 10 to Rs 20 per square metre. And for non-residential properties, the tax will be raised from Rs [...] Continue Reading »

Water meters mandatory for Ahmedabad buildings from 1st April

Water meters mandatory for Ahmedabad buildings from 1st April
Ahmedabad- Ahmedabad Municipal Commissioner has made installation of water meters mandatory for all kinds of properties in Ahmedabad. The new rule will come to effect from April 1 and Rs 4425-crore municipal budget has been sanctioned in this regard. As per the new rule, any property in the city, whether residential or non-residential, has to [...] Continue Reading »

Supply of residential units in Ahmedabad falls drastically

Supply of residential units in Ahmedabad falls drastically
Ahmedabad- On one hand, the developers are waiting for an increase in floor space index (FSI) rules and on the other hand the year 2012 recorded 46 percent drop in the residential unit supply in Ahmedabad. The maximum number of projects in Ahmedabad were in mid segment while the it was just 12 percent in [...] Continue Reading »

Real estate developers keen on affordable housing

Real estate developers keen on affordable housing
Ahmedabad- Affordable housing sector, which is on hype in the last one decade, has emerged as an important issue in Ahmedabad. Knowing that the new development plan, which was due for more than a year, will be announced shortly, realtors are highly stressing on housing needs of the city. Developers are anxious as the new [...] Continue Reading »



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